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.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i got thrown across back and forth and it came to like a halt and there was just people screaming. >> off the tracks. new information this morning on what caused that deadly train crash. we hear from passengers inside and investigators trying to determine what went wrong. >> growing threat. two of the country's intelligence leaders tell cnn the threat of terrorism is now greater than before. how real is it? >> caught on tape. the amazing rescue story, a ship submerged, the cook trapped live underwater for three days. we have the moment divers find him and bring him to safety. >> your "new day" continues right now. >> this is "new day" with chris cuomo, kate boldin, and ma kayla pereira. >> welcome back to "new day," monday, december 2nd. new
. what happened to the rally? no santa claus. >> don't blame me. three days down in a row for stocks, something that hasn't happened since september. the dow down 94 points, nasdaq, s&p also lower. the dow shaved 182 points off its record rally. the dow is still up 21% this year. nasdaq up 34%. s&p is up 26%. barely a pause all year, still okay to look at your 401(k) statement. >>> auto sales firing on all cylinders, good numbers from gm, ford and chrysler. gm sales up 14%. big black friday promotions really revved up showroom traffic and you can see it in those numbers. people feeling confident to go out and buy a car for the first time in a long time. the judge ruling the motor city can proceed with its bankruptcy, the largest city bankruptcy in u.s. history. this opens the door for detroit to cut billions in payments owed to city employees, retirees, investors and creditors. no municipal bankruptcy has resulted in involuntary cuts to pension benefits. detroit could be the first. watch this space. >> the rebirth of detroit. detroit will be back. >> appreciate it, christine. >> you'
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